10-Q Filing

NUTANIX, INC. CIK: 1618732 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-010978`
Period End Date	20210131
Filing Date	20210304
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	ntnx-10q_20210131_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 58 Cash Flow Statement 75 Stockholders Equity 39 Comprehensive Income 14

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$318.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$298.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$211.69M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$401.04M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$990.14M	USD	Point-in-time
Accounts receivable, net of allowances of $804 and $419, respectively	`AccountsReceivableNetCurrent`	$242.52M	USD	Point-in-time
Accounts receivable, net of allowances of $804 and $419, respectively	`AccountsReceivableNetCurrent`	$164.87M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$68.69M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$92.03M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$804.00K	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$419.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$69.99M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$63.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.09B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.62B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$143.17M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$131.97M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$127.33M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$121.07M	USD	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$146.83M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$191.18M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$49.39M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$40.70M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Goodwill	`Goodwill`	$185.26M	USD	Point-in-time
Goodwill	`Goodwill`	$185.26M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$22.54M	USD	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$25.55M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	201.95M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	204.24M	shares	Point-in-time
Total assets	`Assets`	$2.31B	USD	Point-in-time
Total assets	`Assets`	$1.77B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	204.24M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	201.95M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$52.46M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$54.03M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$151.01M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$109.11M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$26.13M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$25.92M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$534.57M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$578.66M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$41.31M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$36.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$849.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$760.20M	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$667.63M	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$648.87M	USD	Point-in-time
Operating lease liabilitiesnon-current	`OperatingLeaseLiabilityNoncurrent`	$107.78M	USD	Point-in-time
Operating lease liabilitiesnon-current	`OperatingLeaseLiabilityNoncurrent`	$116.79M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$490.22M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$1.01B	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$397.29M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$230.91M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$35.84M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$27.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.07B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.04B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share 200,000 shares authorized as of July 31, 2020 and January 31, 2021; no shares issued and outstanding as of July 31, 2020 and January 31, 2021	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share 200,000 shares authorized as of July 31, 2020 and January 31, 2021; no shares issued and outstanding as of July 31, 2020 and January 31, 2021	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, par value of $0.000025 per share1,200,000 (1,000,000 Class A, 200,000 Class B) shares authorized as of July 31, 2020 and January 31, 2021; 201,949 (186,846 Class A and 15,103 Class B) and 204,238 (193,455 Class A and 10,783 Class B) shares issued and outstanding as of July 31, 2020 and January 31, 2021	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock, par value of $0.000025 per share1,200,000 (1,000,000 Class A, 200,000 Class B) shares authorized as of July 31, 2020 and January 31, 2021; 201,949 (186,846 Class A and 15,103 Class B) and 204,238 (193,455 Class A and 10,783 Class B) shares issued and outstanding as of July 31, 2020 and January 31, 2021	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.25B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.39B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$557.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.03M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.52B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.15B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-758.39M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-274.98M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-66.10M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$186.89M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-557.36M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$63.53M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.77B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$2.31B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$346.77M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$659.14M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$661.53M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$346.38M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$70.95M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$138.91M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$147.42M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$75.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$520.22M	USD	2 Qtrs
Gross profit	`GrossProfit`	$275.43M	USD	1 Quarter
Gross profit	`GrossProfit`	$271.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$514.11M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$304.94M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$261.07M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$518.36M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$596.77M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$135.57M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$139.09M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$277.29M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$271.38M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$34.58M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$35.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$67.44M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$68.81M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$478.60M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$941.51M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$858.54M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$431.68M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-427.40M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-338.32M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-207.06M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-156.25M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-5.86M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-126.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-10.90M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-204.73M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-438.30M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-543.05M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-282.25M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-212.92M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.14M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.64M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.56M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.38M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-287.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-446.86M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-229.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-552.44M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-217.56M	USD	1 Quarter
Net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.72	USD	2 Qtrs
Net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.34	USD	2 Qtrs
Net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.42	USD	1 Quarter
Net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.13	USD	1 Quarter
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.80M	shares	2 Qtrs
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	192.73M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	202.52M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	191.20M	shares	2 Qtrs

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-287.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-446.86M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-229.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-552.44M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-217.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.54M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.09M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$173.65M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$167.04M	USD	2 Qtrs
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	$166.38M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$28.80M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$15.40M	USD	2 Qtrs
Operating lease cost, net of accretion	`IncreaseDecreaseinOperatingLeaseCostNetofAccretion`	$14.54M	USD	2 Qtrs
Operating lease cost, net of accretion	`IncreaseDecreaseinOperatingLeaseCostNetofAccretion`	$16.93M	USD	2 Qtrs
Impairment of lease-related assets	`OperatingLeaseImpairmentLoss`	$3.00M	USD	Annual
Impairment of lease-related assets	`OperatingLeaseImpairmentLoss`	$3.00M	USD	2 Qtrs
Impairment of lease-related assets	`OperatingLeaseImpairmentLoss`	$2.82M	USD	2 Qtrs
Non-cash interest expense	`NoncashInterestExpense`	$6.62M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-4.35M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$236.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-79.17M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.85M	USD	2 Qtrs
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$67.68M	USD	2 Qtrs
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$35.42M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.22M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.06M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.60M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.43M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$39.59M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$20.09M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.10M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$974.00K	USD	2 Qtrs
Operating leases, net	`IncreaseDecreaseinOperatingLeasesNet`	$-16.52M	USD	2 Qtrs
Operating leases, net	`IncreaseDecreaseinOperatingLeasesNet`	$-13.04M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$146.54M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$61.33M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-78.65M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-19.63M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$299.38M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$260.85M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$416.64M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$859.58M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$24.15M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$3.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.45M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.17M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-620.89M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-132.56M	USD	2 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromStockPlans`	$21.90M	USD	2 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromStockPlans`	$26.49M	USD	2 Qtrs
Proceeds from the issuance of convertible notes, net of issuance costs	`ProceedsFromIssuanceOfDebt`	$723.62M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$125.08M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$620.44M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$26.49M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-184.73M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-20.08M	USD	2 Qtrs
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.79M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$301.91M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$399.52M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.99M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.79M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$301.91M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$399.52M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.99M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.10M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.21M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$318.74M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$298.70M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$211.69M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$9.00M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$11.20M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable and accrued and other liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$14.00M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable and accrued and other liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$7.62M	USD	2 Qtrs
Finance lease liabilities arising from obtaining right-of-use assets	`FinanceLeaseLiabilitiesArisingFromObtainingRightOfUseAssets`	$1.96M	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Stockholders' equity, beginning balance	`StockholdersEquity`	$-758.39M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-274.98M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-66.10M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$186.89M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-557.36M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$63.53M	USD	Point-in-time
Stockholders' equity, beginning balance (in shares)	`CommonStockSharesOutstanding`	204.24M	shares	Point-in-time
Stockholders' equity, beginning balance (in shares)	`CommonStockSharesOutstanding`	201.95M	shares	Point-in-time
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.22M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.41M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.61M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.63M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$21.34M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$18.07M	USD	1 Quarter
Issuance of common stock from ESPP purchase (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	1.50M	shares	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$125.08M	USD	1 Quarter
Repurchase and retirement of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	5.20M	shares	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$89.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$81.43M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$85.61M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$84.45M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-96.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-323.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$565.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-287.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-446.86M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-229.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-552.44M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-217.56M	USD	1 Quarter
Stockholders' equity, ending balance	`StockholdersEquity`	$-758.39M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-274.98M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-66.10M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$186.89M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-557.36M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$63.53M	USD	Point-in-time
Stockholders' equity, ending balance (in shares)	`CommonStockSharesOutstanding`	204.24M	shares	Point-in-time
Stockholders' equity, ending balance (in shares)	`CommonStockSharesOutstanding`	201.95M	shares	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-287.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-446.86M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-229.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-552.44M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-217.56M	USD	1 Quarter
Change in unrealized (loss) gain on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.47M	USD	2 Qtrs
Change in unrealized (loss) gain on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-96.00K	USD	1 Quarter
Change in unrealized (loss) gain on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-323.00K	USD	1 Quarter
Change in unrealized (loss) gain on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$469.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-446.39M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-553.91M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-217.66M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-287.71M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.